Common use of Consolidated Fixed Charge Ratio Clause in Contracts

Consolidated Fixed Charge Ratio. The Borrower will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): PERIOD RATIO ------ ----- Closing Date to 3/30/02 1.50 to 1.00 3/31/02 to 12/30/03 1.15 to 1.00 12/31/03 and thereafter 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

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Consolidated Fixed Charge Ratio. The Borrower Company will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): PERIOD RATIO Period Ratio ------ ----- Closing Date 9/30/00 to 3/30/02 1.50 12/30/00 0.45 to 1.00 3/31/02 12/31/00 to 12/30/03 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 1.15 to 1.00 12/31/03 and thereafter 12/31/02 to the Maturity Date 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

Consolidated Fixed Charge Ratio. The Borrower Company will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): PERIOD RATIO ------ ----- Closing Date to 3/30/02 1.50 to 1.00 3/31/02 to 12/30/03 1.15 to 1.00 12/31/03 and thereafter 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

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Consolidated Fixed Charge Ratio. The Borrower will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): PERIOD RATIO ------ ----- Closing Date 9/30/00 to 3/30/02 1.50 12/30/00 0.45 to 1.00 3/31/02 12/31/00 to 12/30/03 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 1.15 to 1.00 12/31/03 and thereafter 12/31/02 to the Maturity Date 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

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